Price reached peak, started to go down, then tried to gain back what was lost and failed only to slowly go to the golden ratio and then plunge. Beautiful.
Chart: NZD/CHF D1
Thursday, December 3, 2015
Beautiful Harmonic on NZD/CHF
This formation is one of my favorites. It is relatively rare, but when present it makes sure it is there to please. The harmonic pattern is a powerful design in the markets. It can currently be observed on the daily chart of NZD/CHF.
Price reached peak, started to go down, then tried to gain back what was lost and failed only to slowly go to the golden ratio and then plunge. Beautiful.
Chart: NZD/CHF D1
Price reached peak, started to go down, then tried to gain back what was lost and failed only to slowly go to the golden ratio and then plunge. Beautiful.
Chart: NZD/CHF D1
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The move to the downside continues.
ReplyDeleteGreat assessment. I'll keep a close eye on it.
ReplyDeleteInteresting, I will check the pair out.
ReplyDeleteGood point!
ReplyDeleteGreat analysis.
ReplyDelete